Announcement Out, page-2

HIGHLIGHTS:
Thick, high grade bauxite mineralisation intersected from surface by RC drilling,
across multiple plateau targets
Multiple intersections of >50% Al2O3 represent the best results to date from
Canyon’s Birsok Project
Significant intersections returned recently include:
6m @ 54.0% Al2O3 from surface (2.62% total SiO2) BRRC130
7m @ 42.7% Al2O3 from surface (9.7% total SiO2) BRRC150
9m @ 39.8% Al2O3 from surface (9.4% total SiO2) BRRC158
3m @ 55.4% Al2O3 from surface (4.3% total SiO2) BRRC166
6m @ 46.7% Al2O3 from surface (10.5% total SiO2) BRRC170
4m @ 49.1% Al2O3 from surface (5.8% total SiO2) BRRC188
4m @ 54.7% Al2O3 from surface (1.4% total SiO2) BRRC212
DSO strategy supported by operating rail line passing within 10kms of the Birsok
licences, and capable of transporting bauxite directly to deep water port
Planning for the next phase of drilling is already underway, and scheduled to
commence immediately post the completion of the current wet season